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41-48 40th St
Sunnyside, NY 11104
Long Island City, Sunnyside Gem 50 Res 4 Comm · Multifamily Property For Sale · 54 Units

INVESTMENT HIGHLIGHTS

  • Rare corner investment opportunity with multifamily and commercial space.
  • Convenient location for tenants and customers—11 minutes by train into Manhattan.
  • Only 15 of 50 apartments stabilized.

PROPERTY FACTS

No. Units 54
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Mid-Rise
Building Class C
Lot Size 0.23 AC
Building Size 35,000 SF
No. Stories 5
Year Built 1929
Zoning R7A - R7A zoning.By purchasing with 41-42 40 th St property, approximately 10,700 square feet of available air rights for both 41-48 and 41-42 40th Streets.

AMENITIES

UNIT AMENITIES

  • Refrigerator
  • Tub/Shower

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00186-0042
Land Assessment
$225,000
Improvements Assessment
$1,044,450
Total Assessment
$1,269,450
  • Listing ID: 33909217

  • Date on Market: 11/18/2024

  • Last Updated:

  • Address: 41-48 40th St, Sunnyside, NY 11104

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